Bybit

Stablecoin issuer Circle (NYSE:CRCL) has reportedly struck a revenue-sharing agreement with Bybit, the world's second-largest crypto exchange, as part of its ongoing effort to expand the reach of its U.S. dollar-pegged USDC (CRYPTO: USDC) token, according to sources familiar with the deal. While...

Arkadiy Amiryan, Chief Operating Officer of Veles Finance, challenged the idea that user-friendly crypto trading bots are responsible for flash crashes or amplifying herd behavior in the digital asset market. Instead, he pointed to social media hype and high-profile endorsements as the primary...

Crypto hacks and exploits have surged to record levels in the first half of 2025, with total losses exceeding $2.1 billion across at least 75 incidents, according to blockchain intelligence firm TRM Labs. What Happened: The figure marks the highest-ever total for the first half of a year,...

Bitcoin (CRYPTO: BTC) is trading in a range, with sudden drops triggering losses for long-position traders. Despite this, bullish sentiment remains strong, supported by solid underlying fundamentals across the broader crypto market. What Happened: On-chain tracker Lookonchain in an X post on June...

The recent $1.4 billion Ethereum theft from Bybit has shaken the crypto market and reignited debate over a hard fork to recover stolen funds. The scale of the hack highlights the growing risk of state-sponsored cybercrime and the urgent need for stronger security measures in the blockchain space....

Risk assets tumbled as a wave of bearish sentiment gripped markets, with escalating trade tensions, disappointing earnings and signs of economic fragility weighing on investor confidence. President Donald Trump confirmed a 25% tariff on imports from Mexico and Canada, effective March 4, while also...

The hacker who carried out the biggest heist in cryptocurrency history now holds more Ethereum (CRYPTO: ETH) than the blockchain's creator, Vitalik Buterin.  What happened: North Korean state-backed Lazarus Group allegedly pilfered over $1.4 billion worth of ETH tokens after seizing control of the...

Bybit said on Sunday it froze $42.89 million of the hacked funds thanks to the efforts of multiple parties and returned to a 1:1 backing of the Ethereum (CRYPTO: ETH) held in custody, days after the shocking $1.4 billion exploit. What Happened: Bybit announced via X that it was successful in...

Samson Mow, a staunch Bitcoin supporter, has suggested a rollback of the Ethereum (CRYPTO: ETH) blockchain. This comes in the wake of a massive $1.4 billion theft from the cryptocurrency exchange Bybit, reportedly orchestrated by North Korean hackers. What Happened: In a post on X, Mow proposed...

$1.4 Billion Ethereum Stolen In Largest Crypto Hack In History Cryptocurrency exchange Bybit suffered a major breach on Friday which resulted in the theft of $1.4 billion Ethereum (CRYPTO: ETH). The incident is considered the largest cryptocurrency hack in history, surpassing the 2021 Poly Network...

North Korea’s infamous Lazarus Group is suspected to be the mastermind behind the $1.4 billion Ethereum (CRYPTO: ETH) hack on cryptocurrency exchange Bybit, as per findings from blockchain data platform Arkham Intelligence. What Happened: According to the report, Lazarus Group, a state-...

In the aftermath of a $1.4 billion Ethereum (CRYPTO: ETH) heist, cryptocurrency exchange Bybit has launched a recovery bounty program, offering a reward of up to 10% of the recovered funds to ethical cyber and network security experts who actively contribute to retrieving the stolen assets. This...

Bybit founder Ben Zhou has confirmed that the cryptocurrency exchange suffered a $1.4 billion Ethereum (CRYPTO: ETH) hack, making it one of the largest security breaches in recent history. The attack, which targeted Bybit's Ethereum cold wallet, resulted in the loss of 401,347 ETH ($1.12 billion),...

Popular cryptocurrency exchange Bybit announced Tuesday that it will discontinue its withdrawal and custody services in France owing to increasing regulatory pressures. What Happened: Bybit asked its French users to withdraw their funds before Jan. 8, 2025, at 8 a.m. UTC, to avoid any...

The once-uncontested supremacy of Binance (CRYPTO: BNB) in the cryptocurrency exchange market may be waning, with its market share decreasing from 54.2% at the start of the year to 48.7% by the end of 2023. Why Cryptocurrency Market Is Recovering This dip in dominance is coming against...